Describe the current global economic conditions and their effect on local macroeconomic indicators for your good or service

Revise your Week Four business proposal using the feedback provided by your peers and facilitator as necessary. In addition to your week four paper, the second part of your paper will use the revised information to recommend appropriate pricing and nonpricing strategies for your new or existing good or service based on the projected economy's stage in the business cycle and the prevailing projected economic conditions for one or more macroeconomic factors. Explain the evidence that supports these recommendations.

Required Elements:

• Describe the current global economic conditions and their effect on local macroeconomic indicators for your good or service. 
• Describe the local economy's stage in the business cycle.
• Describe how current credit market conditions affect your planning or operating decision for your good or service.
• Suggested: 1900 - 2100 words total, which includes the Business proposal paper completed in week four
• Include two or more of your student peer reviews from the week four assignment, as an appendix to the week five paper

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